| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $280M | $286M | $307M | -1.9% | -8.6% |
| Op. Income | $161M | $163M | $174M | -1.5% | -7.5% |
| Gross Margin | 96.8% | 95.9% | 93.1% | 1.0pp | 3.7pp |
| Net Margin | 45.2% | 45.0% | 44.7% | 0.2pp | 0.5pp |
| EPS (Diluted) | $1.38 | $1.39 | $1.48 | -0.7% | -6.8% |
| Free Cash Flow | $71M | $181M | $81M | -60.8% | -12.3% |
| Item | Amount |
|---|---|
| REVENUE | $280M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $271M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $76M |
| SG&A Expenses | $80M |
| Other Expenses | $31M |
| Operating Expenses | $110M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $161M |
| Interest Income | $254M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $161M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $7M |
| EBIT | $161M |
| EBITDA | $168M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $280M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $271M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $76M |
| SG&A Expenses | $80M |
| Other Expenses | $31M |
| Operating Expenses | $110M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $161M |
| Interest Income | $254M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $161M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $7M |
| EBIT | $161M |
| EBITDA | $168M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $127M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $35M |
| Change in Working Capital | -$97M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.0B |
| Sales/Maturities of Investments | $5.8B |
| Other Investing Activities | $348M |
| NET CASH FROM INVESTING | $138M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$48M |
| Other Financing Activities | $1.3B |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | $71M |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $515M |
| Net Receivables | $66M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $320M |
| Goodwill | $3.2B |
| Intangible Assets | $62M |
| Long-Term Investments | $30.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $458M |
| TOTAL NON-CURRENT ASSETS | $34.7B |
| TOTAL ASSETS | $37.8B |
| Account Payables | $1M |
| Short-Term Debt | $448M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $30.8B |
| TOTAL CURRENT LIABILITIES | $31.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $186M |
| TOTAL NON-CURRENT LIABILITIES | $186M |
| TOTAL LIABILITIES | $31.4B |
| Common Stock | $92M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $37.8B |
| Total Debt | $448M |
| Net Debt | -$2.1B |
